Category: Forex

February 03, 2025 BY Sam Boughedda

eToro Partners with WisdomTree on Commodities Smart Portfolio

The brokerage said the WisdomTree-Comm Smart Portfolio will offer eToro users exposure to a broad range of commodities while dynamically adjusting to market conditions. The partnership comes after a year of record-high prices for several commodities, including gold, which surged amid Federal Reserve rate cuts and geopolitical tensions, as well as cocoa and coffee, which…

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CME Group
January 30, 2025 BY Sam Boughedda

CME Group Futures to Launch on Robinhood

The firm said the rollout, which begins this week, will grant eligible US customers access to a range of futures contracts across multiple asset classes. Traders on Robinhood will able to access futures contracts linked to the S&P 500, Nasdaq-100, Russell 2000, and Dow Jones Industrial Average, as well as bitcoin and ether, major FX…

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Warsaw Poland fx leverage
January 28, 2025 BY Sam Boughedda

EXANTE Opens New Office in Poland

The expansion is expected to strengthen the firm’s global presence, which now spans six jurisdictions, including the UK, Hong Kong, the UAE, Cyprus, and Malta. The company said its new local office will offer RTO and execution of orders for all financial instruments to Polish residents, providing access to over a million instruments across 50+…

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January 27, 2025 BY Sam Boughedda

eToro Partners with Stocktwits

The collaboration is said to be aimed at enhancing the user experience for retail investors. The initial phase of the partnership will see Stocktwits integrate a ‘trade’ button on its platform, allowing its 10 million-plus active users across more than 200 countries to trade assets directly via eToro. The button will link directly to eToro,…

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FxPro Dubai Index Tower
January 27, 2025 BY Sam Boughedda

FXPro Adds Trump Meme Coin CFD to Platform

Built on the Solana blockchain, TRUMP Coin’s value is highly influenced by factors linked to President Trump, who is associated with the coin.  For instance, the cryptocurrency surged ahead of President Donald Trump’s inauguration on January 20. However, the excitement has since waned, and TRUMP Coin has tumbled, with its price down more than 38%…

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IG Group appoints Ben Hemington as the company's first ESG Manager
January 23, 2025 BY Sam Boughedda

IG Group Revenue Rises 11% in H1

The company revealed in its interim results, released Thursday, that net trading revenue rose 12% year-on-year to £451.7 million, with adjusted pre-tax profit up 30% to £266.8 million, reflecting lower costs and an adjusted profit margin of 51.1%. Adjusted earnings per share surged 42% to 55.3p, and the company announced an increased interim dividend of…

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Standard Chartered bank HQ
January 21, 2025 BY Sam Boughedda

Standard Chartered Announces Launch of SC PrismFX

The firm said in a press release that the solutions suite is designed to cater to the diverse FX needs of Financial Institutions (FI), Non-Banking Financial Institutions (NBFI), PayTech, and Corporate clients globally. SC PrismFX is said to integrate Standard Chartered’s digital Transaction Banking, Financial Markets, and Digital Platforms under one brand, providing FX payment…

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plus500 revenue
January 20, 2025 BY Sam Boughedda

Plus500 Added to STOXX Europe 600 Index

The inclusion was effective from the start of trading on Friday (17 January 2025).  “Plus500's inclusion in this widely followed, European-wide index is another testament to the strategic, operational and financial progress that the Group has made in recent years,” said the company The addition to the STOXX Europe 600 Index underscores Plus500's success in…

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January 20, 2025 BY Sam Boughedda

City of London Investment Group AUM Declines

The firm revealed its AUM fell by 2.9% to $9.9 billion, down from $10.2 billion at the end of June 2024. The decline was attributed to net investment outflows of $564 million, primarily driven by client rebalancing and asset allocation changes amid strong market returns.  The Emerging Markets (EM) and International Equity strategies were said…

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January 17, 2025 BY Sam Boughedda

eToro Files for IPO at $5 Billion Valuation Says Financial Times

The move comes as the company seeks to join the ranks of publicly traded firms offering both stock and cryptocurrency trading. Founded in 2007, eToro operates as a "social investment network," allowing its global user base to trade a variety of assets, including fractional equities and cryptocurrencies.  The platform’s initial attempt to go public via…

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